IAG Shares Surge

IAG.L shares surged 6.8 % to close at $9.82 during the last trading session, trading on higher‑than‑usual volume. Over the preceding four weeks the stock had declined 22.7 %, but it has gained 28.2 % over the past year. The airline’s margins have improved, driven by strong operational performance, and the company has consistently beaten the Zacks Consensus Estimate in each of the past four quarters.